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20121129
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the fiscal cliff will hurt our economy. it will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester and pave the way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy and protect american jobs and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms it's going to be impossible to address our country's debt crisis and to get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. with that, i'll take a few questions sfwl speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within entitlements? >> it's been very clear over the last year and a half, i've talked to the president about many of the
on the fiscal cliff plan. what's the republican congressman have to say about it? opening bell is just 4 1/2 minutes away. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> you are watching cnbc's "squawk on the street." we're just a minute and a half away before the opening bell rings. we're right now looking at a slightly higher open according to the futures. could be a big session for luxury names. tiffany getting a downgrade getting whacked once again after the dismal numbers coming out yesterday morning. >> merrill lynch takes it down. i see people abandoning the name. people are tr
and republicans if we go over the fiscal cliff at the end of the month. john harwood is live, good morning. >> good morning, we're tracking what pressure exists from the public from voters on members of congress on the administration for resolving the fiscal cliff and there are a couple of findings i want to run through. first of all there is more public pressure on republicans to compromise than on democrats. if you look at the results of the survey, 20% of americans say the message of the election was that republicans need to compromise with the president. 9% said that the message was that president obama needs to compromise and the plurality, 44% said both ought to compromise. those results aren't so surprising because president obama won the election but if you look at the number who would be to blame if we don't get a deal, you see 21% blame the president and democrats in congress, 23% blame republicans, pretty even, 52% says they blame both of them. some other surveys have shown president obama with a stronger hand. we looked democrats in congress together with the president, any tim
there is a big overplay by the democrats on this blaming the republicans if we go over the fiscal cliff. if you look back to 2010, a lot of buttons were pushed and thought it would be blamed on the republicans. short term blame on the republicans, long-term blame on the incumbent in office. >> all i can say, two years, november of 2014, is the next time for an election. 365 times 2, basically. a lot of memory loss there, you know, if both sides dig in. ultimately, president owns whatever happens at this point. >> exactly. in 2014, it's what happens then, not what happens in 2012. >> let's talk about today's ism. oh, my goodness, the low since '09 -- the employment index as you were study, give details. >> lowest in september '09, trending down since april. a lot of these numbers, obviously written off to sandy. but you really have to look. april 12th -- or april of '012, we didn't have a hurricane, it was trending down. is it because employers are nervous about what's going on, the nonsense going on in d.c. right now? and they're holding back on any decisions? i think it's more that than sandy.
he convince the white house to back the republican solution to the fiscal cliff? one more look at futures on a tuesday morning as melissa said. not a lot of data today. just wait until the next three days. it all starts with adp, jobs coming up later this week. more "squawk on the street" back in a minute. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> shares of toll brothers are rising beating estimates helped by a jump in signed contracts and a drop in cancellation rates. every metric in this report came out gangbusters and the ceo cited this upswing in momentum that began in the first quarter of this year. they say next signed contracts increased quarter by quarter. 45%, 51%, 66% and 75%. now that's a case for momentum sustained here. >> the question is auto. obviously tremendous demand. home
businesses as negotiations or lack thereof over the fiscal cliff continue. >> did you see that the nbc white house team is reporting the belief that perhaps the republicans don't have the fight in them anymore to really dig in now on the concessions on the way which is good news if you don't want to go over the fiscal cliff but they are dispelling the real argument for later on. >> fuel line inspections being ordered for boeing 787 dreamliner. phil lebeau has more on this story. >> a rough day yesterday if you are tracking what's happening with the dreamliner. one of two important stories that broke yesterday. the first one involving a dreamliner that had to make an emergency landing. it was flying from houston to newark, new jersey. it had to turn and it had to make an emergency landing in new orleans and united crew reporting mechanical problem. they delivered the dreamliner two weeks ago. boeing technical team is right now in new orleans investigating the problem along with united teams. they'll have an update later today hopefully. boeing coming out and saying that it expects faa to mand
Search Results 0 to 5 of about 6